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Daily Pivots: (S1) 143.09; (P) 143.86; (R1) 144.43; More… Intraday bias in USD/JPY remains on the downside for the moment. Rebound from 139.87 could have completed as a correction to 148.64 already. Deeper fall would be seen back to retest this support. For now, risk will stay on the downside as long as 146.08 minor […]

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USD/CAD Daily Outlook

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05/07/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9711; (P) 0.9733; (R1) 0.9755; More…. Intraday bias in EUR/CHF is turned neutral with current retreat and some consolidations would be seen first. Further rally is expected as long as 0.9639 minor support holds. Above 0.9754 will resume the rise from 0.9476 to 0.9928 high. Nevertheless, break of 0.9639 will turn bias […]
22/06/2024

USD/JPY Weekly Outlook

USD/JPY’s rise from 151.68 accelerated to as high as 159.81 last week and there is no clear sign of topping yet. Initial bias remains on the upside this week for 160.20 high, or possibly to 100% projection of 151.86 to 157.70 from 154.53 at 160.37. But upside should be limited there, at least on first […]
03/06/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2706; (P) 1.2736; (R1) 1.2772; More…. Intraday bias in GBP/USD remains neutral as consolidation from 1.2799 continues. Further rise is expected as long as 1.2670 support holds. Above 1.2799 will resume the rally from 1.2298 and target 1.2892 resistance. However, break of 1.2670 will indicate short term topping, and turn bias back […]